5, GREBE CLOSE, MAYLAND, CHELMSFORD, CM3 6TZ - £270,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

5 GREBE CLOSE is a very small semi-detached house of 80m², built sometime between 1983 and 1990, which could now be worth an estimated £317,594. It was last sold for £270,000 in April 2021, which was around 10% below the average April 2021 semi-detached price in the Maldon local authority area. The most recent EPC inspection was November 2024, where the current energy rating was B, and the potential energy rating was B.

5 GREBE CLOSE Sold Prices

Land registry data shows two sales for 5 GREBE CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average semi-detached price in the Maldon local authority area for the corresponding sale date. Both of the two 5 GREBE CLOSE sales were for below the average price. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2021 28 APR	£270,000	£299,732	10% below HPI
2017 3 OCT	£260,000	£288,744	10% below HPI

5 GREBE CLOSE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Maldon local authority area over time, sourced from the HPI. The two 5 GREBE CLOSE sales from October 2017 and April 2021 have been plotted on the graph. A line has been extrapolated to show what the value of the property might have been over time, following each sale, had it maintained the same margin above or below the HPI (as a percentage). For example, the October 2017 sale was for 10% below the HPI. So the extrapolation line tracks at 10% below the HPI over time, until the April 2021 sale, which was also at 10% below the HPI.

What might 5 GREBE CLOSE be worth now?

5 GREBE CLOSE might now be worth an estimated £317,594.

This is based on house price inflation of 17.6%, between April 2021 and April 2026, for semi-detached houses, in the Maldon local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 17.6% inflationary increase is applied to the most recent sale price for 5 GREBE CLOSE of £270,000 on 28th April 2021. For the value to have increased from £270,000 to £317,594 over the five years to April 2026, the following assumptions must hold true:

• The value of 5 GREBE CLOSE has moved in line with the HPI for semi-detached houses in the Maldon local authority area.
• The April 2021 sale price of £270,000 represented a fair market value for the property.
• The size, condition, and specification of 5 GREBE CLOSE has not materially changed since April 2021.

How Large is 5 GREBE CLOSE?

5 GREBE CLOSE is 80m² according to the EPC inspection conducted in November 2024. This puts it in the smallest 10% of semi-detached houses houses in Mayland, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Mayland, and where 5 GREBE CLOSE lies on this distribution: 8% of semi-detached houses houses are smaller than 5 GREBE CLOSE, and 92% of houses are larger. Note that EPC data is not available for all properties in Mayland.

5 GREBE CLOSE: Plot and Title Map

5 GREBE CLOSE sits on a plot of roughly 0.054 of an acre, or 218m². The below map shows the location of 5 GREBE CLOSE, an approximate outline of the building(s), and the indicative extent of the property. The plot extent is a Land Registry INSPIRE Index Polygon, and it is important to note that a title may include more than one polygon, whereas only one polygon is shown on the map (the polygon which intersects with the position of 5 GREBE CLOSE). The full extent of the land contained in any registered title can only be identified from the individual title plan. The maps on this page should not be relied upon to establish the extent of a title.

Where is 5 GREBE CLOSE?

5 GREBE CLOSE is located in MAYLAND, in the CM3 postcode district. The below map shows the position of No. 5 on GREBE CLOSE.